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Workman McGinnis posted an update 2 months, 2 weeks ago
Tevfik Arif and Donald Trump as well as other VIPs who invested in Turkey
A number of investment experts such as Donald Trump, and Tevfik Arkik who is a Turkish-Turkish businessman, have made investments in Turkey.
BayrockTevfik Arif Numerous international companies and famous people have made investments in real property in Turkey over the years. Arif , who is the founder of the Bayrock Group, and Jennifer Lopez are two examples of investors.
Turkey attracts foreign real estate investors from many reasons.
Investors are encouraged by the economy of the country and its population is stable.
Turkey’s well-developed infrastructure also makes it an attractive location for investors.
Turkish real estate market is growing. There are numerous possibilities to invest in commercial and residential properties.
The country is a great place to put your money because its economic growth is predicted to continue in the years ahead.
Foreign investors will be able to buy properties in Turkey due to the fact that the Turkish lira has an unsteady currency compared to other currencies.
We’ll look at a few of these initiatives in greater depth in this article.
pinshape.com/users/5168977-tevfik-ariftjlm868 Bayrock Group’s Tevfik Arif and his all-inclusive hotel empire in Turkey
Former Soviet republics received new life after the breakup of the Soviet Union in the early 1990s.
Tevfik Arif became part of a new generation of skilled workers and moved from the public to private sector.
Arif established several companies following the fall of the Soviet Union. tevfik arif, bayrock These companies included luxury realty development as well as food, minerals, and natural resources in addition to exports.
His many businesses gave him an extensive network of national and global stakeholders.
Tevfik Arif finally relocated to Turkey in 1993. He diversified his business and real estate portfolio.
In Antalya In Antalya, he established the extravagant Armas Labada Hotel. He became a pioneer for the concept of all-inclusive hotels.
The first Turkish Trump Towers in Europe
His collaboration with Arif’s Bayrock Group also showed him the potential of Turkish real property. Trump has thus inaugurated the Trump Towers Istanbul.
In Isli, Istanbul, Turkey There are two conjoined towers. Over 200 apartments are located in two towers, one being an office building and the other is a residential tower.
Tevfik Arif Bayrock Complex also has an upscale shopping mall with over 80 shops, and the multiplex cinema. The Trump Towers are the first of their kind to be constructed on the European continent.
One building houses offices, the other houses more than 200 apartments.
Each condo comes with a private wine cellar. A total of 16,800 bottles are stored inside the cellar for wine.
Residents can use an indoor pool and spa. From the ceiling-to-ceiling glass, residents enjoy breathtaking views of Istanbul’s cityscape.
Aydin Doan who is a property developer is working with Donald Trump, an American businessman.
The complex houses several European as well as Middle Eastern businesses.
Bayrock A pool indoor as well as a fitness center and a beauty parlor are accessible for office workers.
Apart from being the very first Trump Towers on the European continent, they also have an 80-store mall and multiplex cinema.
Adi Chabli , a Miami developer was the initial licensee. After bringing Trump to Turkey, he held the license and then was able to negotiate and transfer the rights to Istanbul.
Focus Wine Cellars constructed the basement for the residential tower. It is the only Turkish collective wine cellar.
What was it that enticed Donald Trump and Tevfik Ariff to invest in Turkish real property?
Turkey is a major player on the international scene. It has been welcoming more foreigners. Turkey is both a nation that is part of the East as well as the West, and is the most ideal mix.
Turkey is a country that is popular to obtain a second citizenship. However the market for real estate in Turkey can yield substantial investment returns.
Let’s look at Istanbul as an example. Many of the most desired neighborhoods have penthouses and new developments being built in the suburbs.
Expats have found it to be a wonderful place for living because of its Asian potential and Western-style lifestyle. This combination makes Turkey an ideal investment option.
Turkey’s legal system has undergone significant changes, as have the trends in architecture and housing. Here are some advantages to buying real estate Turkey.
The international real estate market in Turkey only entered the market in the latter part of 2004. Ex-pats as well as foreigners are attracted to the high home prices.
You can find luxury properties However, there are also smaller coastal communities that offer fully furnished 2-BHK apartments below $60,000.
High Returns on the investment
The real estate market in Turkey can provide an excellent return for long term investors looking for investment opportunities that last.
Turkish buyers can enjoy lower prices in comparison to Spain and Cyprus and Cyprus, two countries where property prices are already at record highs.
With minimal maintenance and upkeep, well-maintained property in Turkey will yield a huge return on investment.
Easy Buying Method
The Turkish government has taken steps to make it easier for investors to invest in the realty market. This is among the reasons foreign investors decide to choose Turkey as their home investment destination.
Citizenship in Turkey as a plus
Turkey’s golden visa is among of the greatest advantages of buying real estate. Because of this, many foreigners seeking an investment property for their second home opt to go to Turkey.
Expats can get Turkish citizenship by investing in a scheme after they invest $400,000 in 60 days.
Turkey is a preferred second home destination for those who are foreign. This is why Turkey has numerous opportunities for students, professionals and retired people.
Therefore, it’s worth doing the research if you are considering investing in Turkish real property.
Other celebrities who own real estate in Turkey
We are aware that investors all over all over the world are competing to find the most lucrative Turkey investment opportunities.
Famous people have also embraced this trend and selected Turkey as a place to invest in or to take holidays.
Here are some of the biggest names set to impress you with their stunning properties in Turkey:
Singer, actress and dancerJennifer Lopes
The American actress and singer chose to buy an apartment with Bosporusview located in Atasehir (Atasehir) in Asian Istanbul. The property was purchased in 2012, and returned the following year to receive her keys.
Actors Angelina Jolie und Brad Pitt
The most famous couple on the planet, Branjolina and Daniila, chose Urla in Izmir as their home for their holiday. In 2015, the couple invested $2.7 million on a property with a view of the sea.
Footballer Cristiano Rojo
In the year 2015, Madrid’s famous Portuguese footballer purchased a $3.44 million home in Izmir to spend a vacation.
Model Naomi Campbell
The well-known British businessman and model has an island vacation home in Turkey. It’s located in Turkey’s Gulf of Gokova at Playa De Cleopatra Also known locally as Sedir Adasi.
The boyfriend gave the property to her as a gift on her 41st birthday in 2011. To safeguard her, it was designed by an Spanish architect.
Tevfik Arif The majority of investors are convinced that Turkish properties can be a profitable investment. There is no reason to not follow the same path.